Kentucky Senate Bill 99

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Sponsorship: Partisan Bill (Republican 5)
Status: Introduced on January 15 2026 - 25% progression, died in committee
Action: 2026-01-15 - to Committee on Committees (S)
Pending: Senate Committee on Committees Committee
Text: Latest bill text (Introduced) [PDF]

Create a new section of KRS Chapter 41 to define terms; recognize gold specie and silver specie as legal tender in Kentucky; provide for use of gold specie and silver specie as legal tender; require the State Treasurer to promulgate administrative regulations in accordance with KRS Chapter 13A to designate or establish a bullion depository and authorize 1 or more electronic payment systems to facilitate electronic payment transactions; establish requirements for system participants, transaction information, and bullion deposits; require the State Treasurer to submit an annual report to the Legislative Research Commission and to implement the system within 1 year; amend KRS 141.109 and 141.039 to exempt capital gains and losses attributable to the sale or exchange of gold specie and silver specie; provide that Section 1 of the Act may be cited as the Kentucky Transactional Gold and Silver Act.

AN ACT relating to transactional precious metals.

Sen. Steve Rawlings [R]	Sen. Lindsey Tichenor [R]	Sen. Aaron Reed [R]	Sen. Steve West [R]
Sen. Gex Williams [R]

Date	Chamber	Action
2026-01-15	Senate	to Committee on Committees (S)
2026-01-15	Senate	introduced in Senate

Type	Source
Summary	https://apps.legislature.ky.gov/record/26RS/sb99.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb99/orig_bill.pdf